Colorado Springs named one of Yahoo!'s "5 Great Cities For Young Adults"

For twentysomethings, finding the right place to live can be a challenge. The best cities need to offer a combination of employment opportunities and social activities, of course, but they also need to be affordable. After all, the typical college graduate with up to three years of work experience makes $41,900, and that money must go a long way.

To assemble our list, we screened for cities with high starting salaries for college grads, using data from Payscale.com. We also looked for a cost-of-living score near or below 100, the national average, as well as affordable monthly rents. (The median U.S. rent, including utilities, is $817.) Finally, we searched for cities where the percentage of residents ages 20 to 29 is near or above the average of 13.8%.

With these parameters in mind, we found great cities for young adults. These aren’t the cheapest places to live but rather cities that offer solid value: low cost of living and reasonable rents relative to paycheck size. There are also plenty of things to do that appeal to the twentysomething crowd and a healthy concentration of twentysomethings to do them with.

 

Colorado Springs, Colo.
Metro population: 645,613
Residents ages 20-29: 15.1%
Cost-of-living score: 91.8
Monthly rent: $802
Starting salary: $42,300

For young adults, Colorado Springs offers a tempting combination of good starting salaries in a stable defense- and tech-based economy, plus low rents and living costs. Northrop Grumman, Lockheed Martin and Atmel rank among the city’s top employers, and large finance, defense and technology companies announced plans to expand this year. Located in the Rocky Mountains, 70 miles south of Denver, Colorado Springs is already well-known to outdoorsy types. The 14,110-foot Pike's Peak sits directly above town, and the city's bicycle-friendly "complete streets" policy makes it ideal for urban cyclists. Plus, groceries and other everyday expenses are less here than in any city on our list.

Top selling point: Live the Rocky Mountain high life.
Biggest drawback: Urbanites need not apply.

 

Full article can be found here: 5 Great Cities for Young Adults